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Kumul Petroleum Explores Energy Hub Feasibility in Papua New Guinea

September 12, 2017

Kumul Petroleum Holdings Limited (KPHL) recently awarded a contract to Houston, Texas, based KBR Inc., for conceptual development and feasibility study services for an energy hub in the Kikori region of the Gulf Province of Papua New Guinea.

Under the terms of the contract, KBR will provide location and technology screening studies for a mid-scale LNG liquefaction and regional export facility,180MW power generation facility, methanol process facility and a condensate stabilization, storage and regional export facility.

The Kikori Energy Hub (KEH) is an extension of KPHL's Western Pipeline Project that seeks to connect oil and gas fields in the country's western provinces to the coast for export.

"KBR is very pleased to be part of this development study which has the potential to become a significant nation building project for Papua New Guinea," said Greg Conlon, KBR President, Asia Pacific.

"This is the seventh strategic study awarded to KBR this year for projects in South East Asia and Australia, demonstrating our strong regional expertise across onshore LNG and FLNG solutions, existing LNG plant and receiving terminal expansions and LNG regasification and distribution solutions," added Conlon.

For more than 40 years, KBR has led the concept development, study, design and construction of over forty percent of the world's LNG facilities.

Revenue associated with this project will be booked into backlog of unfilled orders for KBR's E&C Business Segment in Q3 2017.

About KBR, Inc.

KBR is a global provider of differentiated professional services and technologies across the asset and program life cycle within the Government Services and Hydrocarbons sectors. KBR employs over 34,000 people worldwide (including our joint ventures), with customers in more than 80 countries, and operations in 40 countries, across three synergistic global businesses:

Government Services, serving government customers globally, including capabilities that cover the full life-cycle of defense, space, aviation and other government programs and missions from research and development, through systems engineering, test and evaluation, program management, to operations, maintenance, and field logistics